GTC orders in Strategy Monitor
Author: Bionian
Creation Date: 11/11/2009 5:57 PM
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Bionian

#1
I am unable to enter "Good Til Canceled" orders in Strategy Monitor. Currently, the program will only allow me to enter Day orders. The strategy I have back-tested and am now paper trading uses a 5% "Sell at Stop Loss." As a result, every evening when I run my scans, I get new daily stop loss orders to enter for every open long position, based on the 5% Stops. Other than re-configuring my Stop Loss rule to a conditional "Sell at Market" rule, thereby changing my system, is there some simple way I can paper-trade using GTC orders so I don't get all those sell alerts every evening?
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Eugene

#2
Please see Programming Trading Strategies > Single-Position Strategies > AtLimit, AtStop Orders > How to: Create Good-Til-Canceled Orders in the WealthScript Programming Guide.
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